Braemar Plc (LON:BMS) Insider Sells £239,044.48 in Stock

Braemar Plc (LON:BMS) insider James Christopher Duchar Gundy sold 94,112 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of GBX 254 ($3.22), for a total transaction of £239,044.48 ($303,009.86).

James Christopher Duchar Gundy also recently made the following trade(s):

• On Thursday, November 21st, James Christopher Duchar Gundy bought 10,000 shares of Braemar stock. The stock was bought at an average cost of GBX 246 ($3.12) per share, for a total transaction of £24,600 ($31,182.66).

Braemar Stock Down 0.2 %

Shares of LON BMS opened at GBX 251.50 ($3.19) on Friday. The company has a quick ratio of 1.23, a current ratio of 1.42 and a debt-to-equity ratio of 43.61. The firm has a 50-day moving average price of GBX 261.21 and a 200 day moving average price of GBX 284.37. Braemar Plc has a 52 week low of GBX 235 ($2.98) and a 52 week high of GBX 317.64 ($4.03). The stock has a market capitalization of £76.86 million, a price-to-earnings ratio of 1,934.62 and a beta of 1.17.

Braemar Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, January 13th. Investors of record on Thursday, November 21st will be issued a GBX 4.50 ($0.06) dividend. The ex-dividend date is Thursday, November 21st. This represents a yield of 1.7%. Braemar’s payout ratio is 10,000.00%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 410 ($5.20) price objective on shares of Braemar in a research report on Thursday, September 19th.

About Braemar

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Investment Advisory, Chartering, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.